Clear Aligner Market Growth Report to 2023 Shows 16%+ CAGR

The study analyzes the competitive landscape of the clear aligner market using Porter Five Force Analysis and offers details about product profiles, pricing trends and expansion strategies for each market player. A comprehensive insight pertaining to market dynamics is also given in the report.

Clear Aligner Market

​As per the recent research available from Market Study Report, LLC under the title "Global Clear Aligner Market: Analysis By End Users (Teenagers, Adults), By Region, By Country (2018 Edition): Opportunities and Forecast (2013-2023): By Region (North America, Europe, Asia Pacific, ROW), By Country (U.S., Canada, Mexico, United Kingdom, Germany, China, Japan, South Korea)", the global clear aligner market is anticipated to grow at a CAGR of 16.15% during the period of 2018-2023.

Clear aligners are dental braces used for the orthodontic treatment of teeth alignment. The product is in the form of plastic and is transparent, hence improving facial aesthetics. This feature is making clear aligners popular among consumers, thereby augmenting the market growth. The rising number of orthodontic patients, increasing per capita healthcare expenditures, alongside the creative marketing strategies adopted by market players, are further boosting the growth of the clear aligner market.

As per the end-user spectrum, the market is segmented into teenagers and adults, wherein the former segment is predicted to register substantial growth over the forecast period, pertaining to rising awareness regarding dental hygiene, widespread adoption of Western culture, and a preference for better aesthetics among teenagers.

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Considering the geographical landscape, the global clear aligner market is split into regions, namely, Asia-Pacific, North America, Europe and the rest of the world, with a key focus on countries including Canada, the U.S., Mexico, United Kingdom, Germany, South Korea, Japan, and China. In addition, North America led the clear aligner industry in 2018, on account of advanced dental machines and the availability of dental insurance across the region, claims the study.

The key players operating in the clear aligner market include Geniova Technologies, Align Technology, SmileDirectClub, Dentsply Sirona, 3M, Straumann Group, Henry Schein, and Danaher Corporation.

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Scope of the Report:

Global Market, By Value (Actual Period: 2013-2017, Forecast Period: 2018-2023)

• Clear Aligner Market – Sizing, Growth, Forecast

• Analysis By End Users – Teenagers, Adults

Regional Markets Outlook – North America, Europe, APAC, Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)

• Clear Aligner Market – Sizing, Growth, Forecast

• Analysis By End-Users – Teenagers, Adults

Country Analysis – U.S., Canada, Mexico, Germany, United Kingdom, China, Japan and South Korea (Actual Period: 2013-2017, Forecast Period: 2018-2023)

• Clear Aligner Market – Sizing, Growth, Forecast

• Analysis By End-Users – Teenagers, Adults

Other Report Highlights

• Market Dynamics – Drivers and Restraints

• Market Trends

• Porter Five Force Analysis

• Pricing Analysis

• Competitive Landscape

• Company Share

• Company Analysis - Align Technology, Dentsply Sirona, Straumann Group, Danaher Corporation, Henry Schein, 3M, SmileDirectClub, Geniova Technologies

 

Key Question & Answer in Clear Aligner Market Report:

Question 1: Which factors are contributing to clear aligner market growth?

Answer: Clear aligners are known to improve aesthetics, as they are gaining traction among consumers. The rising number of orthodontic patients, increasing per capita healthcare expenditures, alongside the creative marketing strategies adopted by market players, are further boosting the growth of the clear aligner market.

Question 2: Why is the teenagers' end-user segment of the clear aligner market expanding significantly?

Answer: The teenagers' segment is predicted to register substantial growth over the forecast period, pertaining to rising awareness regarding dental hygiene, widespread adoption of Western culture, and a preference for better aesthetics.

Question 3: What growth rate will be displayed by the clear aligner market in the forthcoming years?

Answer: The global clear aligner market is anticipated to grow at a CAGR of 16.15% during the period of 2018-2023.

Question 4: How is the competitive landscape of the clear aligner market defined?

Answer: The competitive landscape of the clear aligner market is defined by Geniova Technologies, Align Technology, SmileDirectClub, Dentsply Sirona, 3M, Straumann Group, Henry Schein, and Danaher Corporation.

Related Report:

Southeast Asia Clear Aligner Market 2019-2024:

The Southeast Asia Clear Aligner Market was valued at USD $47.78 Million in the year 2018. With the presence of economies, including Vietnam, Philippines, Cambodia, Singapore, Malaysia, Thailand, that are witnessing strong economic growth and resilient domestic demand, coupled with high infrastructure spending and execution of various structural economic reforms in economies such as Indonesia and Philippines, has been estimated to accelerate the Clear Aligner Market Growth in the region during the period of 2019-2024.

Adults have been estimated to witness growth at a noteworthy rate over the coming years, owing to the presence of the huge population base, with consumers paying more attention to maintaining healthy oral hygiene, followed by the growing awareness among consumers regarding the application and various captivating features of using clear aligners, supported by rising middle-class families and enhanced investments in the health care industry by private groups, and will be supplementing the growth in the market for Clear Aligners in the region during the coming years. In addition, the rising investments by major leading clear aligner manufacturers in the region with the enhanced availability of clear aligners and a growing number of individuals with permanent teeth caries, which is a direct result of malocclusion or crooked teeth, backed by a growing focus of manufacturers on providing high-quality and technologically advanced oral healthcare products in order to utilize the untapped market potential in the region, will be spurring the market growth during the forecast period.​ 

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Categories: Healthcare

Tags: Clear Aligner Industry, Clear Aligner Market, South East Asia Clear Aligner Market


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